DB:FQH

Stock Analysis Report

Executive Summary

Iteris, Inc. provides intelligent transportation systems technology solutions worldwide.


Snowflake Analysis

Excellent balance sheet with reasonable growth potential.


Similar Companies

Share Price & News

How has Iteris's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FQH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.7%

FQH

1.5%

DE Electronic

1.0%

DE Market


1 Year Return

29.4%

FQH

19.6%

DE Electronic

15.7%

DE Market

Return vs Industry: FQH exceeded the German Electronic industry which returned 19.6% over the past year.

Return vs Market: FQH exceeded the German Market which returned 15.7% over the past year.


Shareholder returns

FQHIndustryMarket
7 Day2.7%1.5%1.0%
30 Day6.9%-1.6%1.4%
90 Day-15.4%11.6%6.7%
1 Year29.4%29.4%22.5%19.6%19.3%15.7%
3 Yearn/a64.9%59.6%19.5%8.9%
5 Yearn/a139.0%121.0%36.9%18.3%

Price Volatility Vs. Market

How volatile is Iteris's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Iteris undervalued compared to its fair value and its price relative to the market?

3.34x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: FQH (€4.62) is trading above our estimate of fair value (€1.56)

Significantly Below Fair Value: FQH is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: FQH is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: FQH is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate FQH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: FQH is overvalued based on its PB Ratio (3.3x) compared to the DE Electronic industry average (2x).


Next Steps

Future Growth

How is Iteris forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

112.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FQH is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (-0.4%).

Earnings vs Market: FQH is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: FQH's is expected to become profitable in the next 3 years.

Revenue vs Market: FQH's revenue (14.9% per year) is forecast to grow faster than the German market (4.9% per year).

High Growth Revenue: FQH's revenue (14.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if FQH's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Iteris performed over the past 5 years?

-14.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FQH is currently unprofitable.

Growing Profit Margin: FQH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: FQH is unprofitable, and losses have increased over the past 5 years at a rate of -14.6% per year.

Accelerating Growth: Unable to compare FQH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: FQH is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-5.4%).


Return on Equity

High ROE: FQH has a negative Return on Equity (-13.69%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Iteris's financial position?


Financial Position Analysis

Short Term Liabilities: FQH's short term assets ($58.9M) exceed its short term liabilities ($27.2M).

Long Term Liabilities: FQH's short term assets ($58.9M) exceed its long term liabilities ($12.8M).


Debt to Equity History and Analysis

Debt Level: FQH is debt free.

Reducing Debt: FQH has not had any debt for past 5 years.


Balance Sheet

Inventory Level: FQH has a low level of unsold assets or inventory.

Debt Coverage by Assets: FQH's debt is not covered by short term assets (assets are -3.3169011255583E+16x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: FQH has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if FQH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Iteris's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.3%markettop25%3.6%industryaverage1.3%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate FQH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate FQH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if FQH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if FQH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of FQH's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

What is the CEO of Iteris's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Joe Bergera (56yo)

4.3yrs

Tenure

US$988,717

Compensation

Mr. J. Joseph Bergera, also known as Joe, Ph.D., has been the Chief Executive Officer and President of Iteris, Inc. since September 23, 2015. Mr. Bergera served as General Manager of Tax Solutions and Exec ...


CEO Compensation Analysis

Compensation vs Market: Joe's total compensation ($USD988.72K) is above average for companies of similar size in the German market ($USD611.79K).

Compensation vs Earnings: Joe's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.8yrs

Average Tenure

56.5yo

Average Age

Experienced Management: FQH's management team is considered experienced (4.8 years average tenure).


Board Age and Tenure

4.1yrs

Average Tenure

60.5yo

Average Age

Experienced Board: FQH's board of directors are considered experienced (4.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Sell€7,026,98628 Feb 19
Milfam LLC
EntityCompany
Shares1,880,369
Max Price€3.74
Sell€2,507,18528 Feb 19
MBM-Trust A-4
EntityCompany
Shares670,904
Max Price€3.74

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.8%.


Management Team

  • Andy Schmidt (58yo)

    Senior Advisor

    • Tenure: 4.8yrs
    • Compensation: US$602.44k
  • Joe Bergera (56yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$988.72k
  • Todd Kreter (59yo)

    Senior VP & GM of Roadway Sensors

    • Tenure: 10.6yrs
    • Compensation: US$579.28k
  • Joe Boissy (55yo)

    Chief Marketing Officer

    • Tenure: 2.9yrs
  • Doug Groves (57yo)

    Senior Vice President & Chief Financial Officer

    • Tenure: 0yrs
  • Cathy Steger

    Director of Human Resources

    • Tenure: 0yrs
  • Ramin Massoumi (46yo)

    Senior VP & GM of Transportation Systems

    • Tenure: 4.8yrs
    • Compensation: US$586.09k
  • Jeff McDermott

    Senior Vice President of Human Resources

    • Tenure: 0yrs

Board Members

  • Kevin Daly (75yo)

    Independent Director

    • Tenure: 26.9yrs
    • Compensation: US$90.50k
  • Tom Thomas (70yo)

    Independent Chairman of the Board

    • Tenure: 3.9yrs
    • Compensation: US$118.50k
  • Scott Deeter (55yo)

    Independent Director

    • Tenure: 2.8yrs
    • Compensation: US$85.50k
  • Joe Bergera (56yo)

    President

    • Tenure: 4.3yrs
    • Compensation: US$988.72k
  • Laura Siegal (56yo)

    Independent Director

    • Tenure: 1.6yrs
    • Compensation: US$90.99k
  • Gerry Mooney (65yo)

    Independent Director

    • Tenure: 6.3yrs
    • Compensation: US$82.25k

Company Information

Iteris, Inc.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Iteris, Inc.
  • Ticker: FQH
  • Exchange: DB
  • Founded: 1969
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: US$211.399m
  • Listing Market Cap: US$190.047m
  • Shares outstanding: 40.58m
  • Website: https://www.iteris.com

Number of Employees


Location

  • Iteris, Inc.
  • 1700 Carnegie Avenue
  • Santa Ana
  • California
  • 92705
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ITINasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDOct 1984
FQHDB (Deutsche Boerse AG)YesCommon StockDEEUROct 1984

Biography

Iteris, Inc. provides intelligent transportation systems technology solutions worldwide. The company’s Roadway Sensors segment offers sensors and systems for traffic intersection management, communication  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/12/15 22:35
End of Day Share Price2019/12/13 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.